Cryptostreet

  Microsoft's subsidiary Microsoft Technology Licensing has received patent approval from the US Patent and Trademark Office (USPTO) The tech company filed a patent for the blockchain system in February 2019.  Microsoft describes this system as a ledger-independent service.  This is software that enables both individuals and organizations to create and manage tokens on various distributed ledger networks and platforms. The platforms included in the patent application are  Ethereum , R3 Corda, Chain Core, Hyperledger Fabric (supported by IBM), and Quorum Q3 (JP Morgan). Multiple token templates The advanced system is also described as a platform that can provide users with one or more token templates, each of these templates corresponding to a type of physical or digital asset. It also serves as a single interface for managing the life cycle of tokens across different  blockchains , allowing developers to write code for the transaction and management of tokens in a more efficient wa

E xchange hacks are one of the well-known teething troubles in the crypto space.  The latest victim was Bilaxy, where the damage could amount to 450 million US dollars. Less than three weeks after the spectacular attack on the DeFi platform  PolyNetwork , the biggest hack to date in the crypto space with stolen cryptocurrencies worth over 600 million US dollars, the crypto exchange Bilaxy fell victim to a cyber attack.  The exchange, which has been registered in Seychelles since 2018, is one of the less well-known representatives in the exchange landscape.  The attack is hardly inferior to that on PolyNetwork.  According to initial estimates, the hack could amount to 450 million US dollars.  Bilaxy has not yet commented on the speculation. Hack on the bilaxy hot wallet The exchange reconstructed the incident in a Telegram post.  Accordingly, the hack occurred on Saturday, August 28, between 6:00 p.m. and 7:00 p.m.  The hacker succeeded in relieving the hot wallet by “around 295 ERC20 t

  Already last week it looked like Cardano was preparing for a price increase to USD 3.  However, this didn't really work.  But now it looks like Cardano is preparing for it again.  In the last ADA News we also reported that Cardano was only able to achieve a return of over 100% within a month. Cardano on the rise Cardano has been  on the up  again for a few weeks  and has broken its all-time high.  Despite the excellent return of over 100% in just four weeks, Cardano failed to hit the $ 3 mark.  So we couldn't report any new ADA news about this long-awaited course. While many digital currencies are still struggling to hit the April / May highs, Cardano has taken a giant leap.  Of course, this also ensured that ADA became better known and more and more investors were relying on the native token.  In addition, of course, the race for the skills to create intelligent contracts continues.  If everything goes according to plan, Alonzo Purple Hardrock will hit the market on Septembe

  The Solana network and its SOL token are on the rise.  On Monday, the token cracked the $ 100 mark, reached just under 117, and is currently hovering around $ 110. SOL is the whiz kid among the major cryptocurrencies - a position, by the way, that the token was able to achieve within just one month.  On Monday, SOL  ranked 8th  among  the most valuable  cryptocurrencies,  according to  Coinmarketcap .  Solana has a market capitalization of 32 billion dollars.  Rank 7 should be reached quickly, this rank is currently still occupied by Dogecoin with almost 37 billion dollars. While Doge has lost around eleven percent in the last seven days, Solana can show 53 percent growth over the same period.  In the past 24 hours alone, the SOL recorded almost 19 percent growth.  Looking at other major cryptocurrencies, Solana's price development is amazing.  They tend to move sideways. NFT drop pushes SOL course up drastically The responsibility for the almost explosive rise is largely due to

  The crypto debit cards have pushed the introduction of cryptocurrencies as a means of payment like no other innovation.  Bitcoin & Co. owners no longer need a bank account and no longer need to keep their assets in fiat money.  Instead, crypto cards act as an effective interface between the crypto world and common means of payment.  The owner keeps their money in cryptocurrencies until they need to make a purchase or payment.  Then the crypto card automatically converts the coins into fiat, often with very lucrative bonuses and cashback!  Below is a list of the best cryptocurrency debit/credit cards. Bitpay Bitpay is one of the most popular crypto debit cards.  It supports various cryptocurrencies such as BTC, ETH, XRP, GUSD, USDC, PAX, and BCH.  The card is issued by MasterCard and is one of the best options for US citizens.  Users can top up their cards via the Bitpay wallet.  Eight fiat currencies are supported.  The foreign currency fees are 3% of the transaction costs.  If t

  Bitcoin in El Salvador: planning is in full swing Bitcoin will become legal tender in El Salvador from September 7, 2021  . The Central American country is the first country to take this step. While this news enthused crypto fans at the time, President Nayib Bukele's plan caused criticism from the opposition. The World Bank and the International Monetary Fund (IMF) are also critical of the project. Now things are going well in the Central American country. Visa buys CryptoPunks: sales skyrocket NFTs are still in trend. Visa is now also entering the business. Companies such as Coca-Cola and Shopify had already entered the field of digital works of art. Visa also begins with the purchase of a CryptoPunk token. Regulation: Japan wants stricter crypto rules The Japanese financial regulator is now considering introducing significantly stricter crypto rules. The new regulation is intended to offer investors from Japan better protection. As early as July, the FSA set up its own section

  In the beginning, Bitcoin mainly made private individuals rich.  But in recent years more and more companies have invested in the most famous cryptocurrency.  But which company owns the most?  Bitcoin company with a lot of coins - 5. Coinbase  The US crypto exchange is one of the most important trading centers for digital currencies worldwide.  The company has been listed on the American NASDAQ since mid-April.  In the meantime, the company had a market value of over $ 100 billion.  In comparison, the company's Bitcoin inventory is rather small.  Coinbase owns "only" around 4,500 Bitcoin.  This is currently equivalent to about $ 220 million. 4. Marathon Digital The company Marathon Digital is probably much less known than Coinbase.  However, this is because Marathon Digital is a Bitcoin mining company.  Accordingly, it also has a significant Bitcoin inventory in its ranks.  The $ 3.5 billion company owns approximately 5,300 BTC.  The equivalent of that is about $ 260 mi